History
The University of Kentucky Internal Audit (UKIA)'s authority stems from a University of Kentucky Board of Trustees' resolution dated April 1, 1941, which indicates that all financial affairs of the University of Kentucky must be monitored. Upon this edict, UKIA was officially created in 1958. The University Of Kentucky Board Of Trustees approved the inception of the Audit and Compliance Committee in part to oversee the UKIA function, in keeping with the Standards for the Professional Practice of Internal Auditing.
Purpose
UKIA provides independent and objective assurance, accountability and advisory services for all units and departments across the enterprise to assist them in the effective performance of their operational and fiduciary responsibilities and the implementation of proper internal controls to aid in the achievement of institutional objectives.
Mission Statement
To support UK in its pursuit of excellence by providing expert analyses and advice to champion the achievement of institutional objectives.